Max Div come new tax year

[inniAccounts]

If you want to get into the details of dividend tax planning we've got a really comprehensive (I'll be bold enough to say the most comprehensive) limited company tax calculator here: http://www.contractor-tax-calculator.co.uk. It's designed to allow you to play with different scenarios and see instantly what the tax impact will be.

It's just been updated with the 2013/14 rates plus if you're inclined you can do a side-by-side comparison with 2012/13.

In this case just hit the 'Start My Calculation' button, check your turnover and vat settings, then pop in a salary of £12k on the next page. You'll soon end up with a tax profile, which looks something like this:

[Apox21]

If you want to get into the details of dividend tax planning we've got a really comprehensive (I'll be bold enough to say the most comprehensive) limited company tax calculator here: Contractor Tax Calculator - The UK's Most Powerful Contractor Calculator. It's designed to allow you to play with different scenarios and see instantly what the tax impact will be.

It's just been updated with the 2013/14 rates plus if you're inclined you can do a side-by-side comparison with 2012/13.

In this case just hit the 'Start My Calculation' button, check your turnover and vat settings, then pop in a salary of £12k on the next page. You'll soon end up with a tax profile, which looks something like this:

Pretty handy calculator that one!

[inniAccounts]

Thanks

[jamesbrown]

Thanks

Minor point: the tool does not support the scenario where income above the VAT registration threshold is outside of the scope of VAT.